2024.07.17
mgm casino employmentPrivate equity behemoth Blackstone (NYSE:BX) is rumored to be mulling a sale-leaseback transaction involving Star Entertainment Group’s the Star Sydney integrated resort. (Image: KTNV-TV)MGM Resorts recently announced that Hecho en Vegas Mexican Grill & Cantina at the MGM Grand hotel-casino will close permanently by the beginning of November, according to the Las Vegas Review-Journal. The restaurant opened in 2013. downstream casino to branson moSale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. The company could be looking to sell a 51 percent interest in the property while retaining 49 percent.We see the potential to unlock value from our property assets via a sale and leaseback or similar transaction,” said Star Entertainment CEO Harry Theodore in an interview with The Australian.Credit Suisse is working on sale-leaseback leads for the gaming company. The MGM Grand is on the east side of the resort corridor near McCarran International Airport. harrah s cherokee casino resort expansion cache creek casino facebooklake tahoe south casinos28, Rao’s Italian restaurant at Caesars Palace on the resort corridor is closing after 15 years.The owners did not give a reason for closing the restaurant next month. The restaurant features Louisiana specialties.Walk-On’s is projected to open in Harrah’s Hotel and Casino on the east side of the Strip in earzorro casino slots freely 2022.. hollywood casino race trackHecho en Vegas Mexican Grill & Cantina inside the MGM Grand near the Grand Garden Arena is closing in November. However, the private equity firm has an established track record of invoThe restaurant features Louisiana specialties.Walk-On’s is projected to open in Harrah’s Hotel and Casino on the east side of the Strip in earzorro casino slots freely 2022.wild casino no deposit bonus casino 3 card pokerluckyland slots loaderThe restaurant features Louisiana specialties.Walk-On’s is projected to open in Harrah’s Hotel and Casino on the east side of the Strip in earzorro casino slots freely 2022.Sale-leaseback deals, or SLBs, are commonplace in the industry, and often viewed as win-wins for casino operators and real estate companies. No time frame has been given for when this might occur.Stewart, a former Chanel model and stockbroker, was convicted in March 2004 on four counts in a securities fraud investigation, according to CNN. No reason was given for the cantina’s upcoming closure. Through these agreements, a gaming company can monetize land assets, often garnering large, upfront sums of cash to use for anything, including more acquisitions, shareholder rewards, such as buybacks and dividenzorro casino slots freeds, or to reduce debt.Likewise, the real estate firm that leases the land back to the operator gets the benefit of long-term tenant agreements that often include gradually increasing rates without having to be financially responsible for building enhancements.Blackstone Logical Partner for StarFor now, Blackstone’s possible involvement in a sale-leaseback for Star Sydney remains a point of speculation, not confirmation. No reason was given for the cantina’s upcoming closure. chukchansi casino hiring harrah s cherokee casino atlanta |